Crypto Fundraising weekly
Dates: 27 Aug – 02 Sep 2018

Summary

During this week 12 blockchain startups has raised $229.7M in funding:

Unknown round: 6 startups $160.4M
Series C round: 1 startup $52M
Series A round: (3 startups) $15.3M
Angel round: (1 startup) $1.2M
Seed round: (1 startup) $785K

$53.5M

$106.9M

$160.4M

Investments by ecosystem

This week's biggest funding round

Dfinity (Internet Computer) raised $102M in a funding round from Andreessen Horowitz (a16z crypto)*, Polychain Capital*, SV Angel, Aspect Ventures, Village Global, Multicoin Capital, Scalar Capital, Amino Capital, KR1 plc.

DFINITY has introduced the "internet computer," a blockchain-based, decentralized, and non-proprietary network functioning as a virtual mainframe computer in the digital realm, enabling decentralized versions of major online services. It tackles scalability by balancing full decentralization with efficient computation processes, offering a powerful framework for Web3 development and enabling high-speed smart contract execution and data management.

Pre-seed and Seed investment rounds

Skale raised $785K in a Seed funding round from .

Other investment rounds

Octa Innovations raised $1.4M in a funding round from .

BestSign raised $52M in a Series C funding round from Morningstar Ventures*, Matrix Partners*, DCM Ventures*.

Baanx raised $1.2M in a Angel funding round from Blockchain Founders Fund (BFF), Angel Investment Network, Penu Investments, Monsas Ltd.

Baanx is a U.K.-based crypto payments specialist authorized by the Financial Conduct Authority (FCA) and is engaged in developing non-custodial, on-chain products for cryptocurrency payments. Through its B2B2C platform, Baanx offers API-driven digital financial services, including debit cards, wallets, IBANs, and more, with a focus on white-label solutions to promote blockchain and digital asset adoption for businesses and consumers.